October 2023

REINZ Residential Rent Review

October 2023

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1 Bedroom

SUBURB 2022 2023 Variance %
Orewa (Silverdale to Wellsford) $400 $427 7%
Browns Bay / Torbay / Albany $432 $464 7%
East Coast Bays $444 $424 -4%
Glenfield (Sunnynook, Northcote & Birkdale) $395 $441 12%
Birkenhead (Northcote Point) $403 $485 20%
Takapuna/ Milford $503 $530 5%
Devonport $448 $499 11%
West AKL (Glendene, Glen Eden & Massey) $374 $402 7%
Te Atatu (Westgate & West Harbour) $398 $464 16%
Waterview (Avondale & Titirangi) $384 $416 8%
City Centre (Parnell, Grafton & Newton) $381 $457 20%
Ponsonby (St Marys & Herne Bay) $493 $561 14%
Grey Lynn / Westmere $476 $537 13%
Mt Albert/ Pt Chev $393 $442 12%
Sandringham (Three Kings & Hillsborough) $421 $463 10%
Mt Roskill (Owairaka & Lynfield) $358 $382 7%
Mt Eden (Kingsland & Balmoral) $420 $460 10%
Epsom (Newmarket & Royal Oak) $406 $464 14%
One Tree Hill / Ellerslie $420 $453 8%
City Bays (Mission Bay to St Heliers) $448 $483 8%
Remuera $427 $450 5%
Meadowbank (Remuera South & Glendowie) $420 $462 10%
Glen Innes / Panmure / Mt Wellington $410 $451 10%
Howick (Bucklands Beach & Botany) $425 $457 8%
Pakuranga $379 $388 2%
Mangere / Otahuhu / Otara $341 $411 20%
Papatoetoe $385 $401 4%
Manukau / Manurewa $386 $433 12%
Papakura $371 $380 2%
Pukekohe (Tuakau & Waiuku) $386 $404 5%

 

2 Bedroom

SUBURB 2022 2023 Variance %
Orewa (Silverdale to Wellsford) $519 $556 7%
Browns Bay / Torbay / Albany $533 $568 7%
East Coast Bays $577 $626 8%
Glenfield (Sunnynook, Northcote & Birkdale) $543 $586 8%
Birkenhead (Northcote Point) $549 $592 8%
Takapuna/ Milford $608 $688 13%
Devonport $576 $640 11%
West AKL (Glendene, Glen Eden & Massey) $505 $530 5%
Te Atatu (Westgate & West Harbour) $545 $592 9%
Waterview (Avondale & Titirangi) $521 $571 10%
City Centre (Parnell, Grafton & Newton) $511 $594 16%
Ponsonby (St Marys & Herne Bay) $712 $773 8%
Grey Lynn / Westmere $704 $763 8%
Mt Albert/ Pt Chev $540 $595 10%
Sandringham (Three Kings & Hillsborough) $525 $586 12%
Mt Roskill (Owairaka & Lynfield) $519 $544 5%
Mt Eden (Kingsland & Balmoral) $570 $620 9%
Epsom (Newmarket & Royal Oak) $574 $613 7%
One Tree Hill / Ellerslie $555 $594 7%
City Bays (Mission Bay to St Heliers) $629 $688 9%
Remuera $626 $640 2%
Meadowbank (Remuera South & Glendowie) $542 $617 14%
Glen Innes / Panmure / Mt Wellington $525 $559 7%
Howick (Bucklands Beach & Botany) $541 $578 7%
Pakuranga $519 $561 8%
Mangere / Otahuhu / Otara $484 $540 12%
Papatoetoe $513 $544 6%
Manukau / Manurewa $503 $543 8%
Papakura $500 $525 5%
Pukekohe (Tuakau & Waiuku) $463 $487 5%

 

3 Bedroom

SUBURB 2022 2023 Variance %
Orewa (Silverdale to Wellsford) $633 $671 6%
Browns Bay / Torbay / Albany $660 $708 7%
East Coast Bays $713 $780 9%
Glenfield (Sunnynook, Northcote & Birkdale) $639 $684 7%
Birkenhead (Northcote Point) $690 $755 9%
Takapuna/ Milford $763 $789 3%
Devonport $785 $873 11%
West AKL (Glendene, Glen Eden & Massey) $599 $637 6%
Te Atatu (Westgate & West Harbour) $645 $664 3%
Waterview (Avondale & Titirangi) $648 $684 6%
City Centre (Parnell, Grafton & Newton) $766 $814 6%
Ponsonby (St Marys & Herne Bay) $905 $982 8%
Grey Lynn / Westmere $885 $946 7%
Mt Albert/ Pt Chev $731 $739 1%
Sandringham (Three Kings & Hillsborough) $671 $731 9%
Mt Roskill (Owairaka & Lynfield) $650 $685 5%
Mt Eden (Kingsland & Balmoral) $747 $787 5%
Epsom (Newmarket & Royal Oak) $730 $769 5%
One Tree Hill / Ellerslie $690 $731 6%
City Bays (Mission Bay to St Heliers) $809 $918 13%
Remuera $824 $887 8%
Meadowbank (Remuera South & Glendowie) $796 $810 2%
Glen Innes / Panmure / Mt Wellington $645 $693 7%
Howick (Bucklands Beach & Botany) $678 $710 5%
Pakuranga $643 $671 4%
Mangere / Otahuhu / Otara $621 $661 6%
Papatoetoe $641 $676 5%
Manukau / Manurewa $628 $661 5%
Papakura $621 $655 5%
Pukekohe (Tuakau & Waiuku) $583 $604 4%

 

4 Bedroom

SUBURB 2022 2023 Variance %
Orewa (Silverdale to Wellsford) $780 $821 5%
Browns Bay / Torbay / Albany $816 $863 6%
East Coast Bays $840 $825 -2%
Glenfield (Sunnynook, Northcote & Birkdale) $759 $828 9%
Birkenhead (Northcote Point) $865 $876 1%
Takapuna/ Milford $921 $952 3%
Devonport $909 $963 6%
West AKL (Glendene, Glen Eden & Massey) $710 $770 8%
Te Atatu (Westgate & West Harbour) $800 $821 3%
Waterview (Avondale & Titirangi) $720 $838 16%
City Centre (Parnell, Grafton & Newton) $887 $960 8%
Ponsonby (St Marys & Herne Bay) $1,534 $1,243 -19%
Grey Lynn / Westmere $1,103 $1,101 0%
Mt Albert/ Pt Chev $866 $864 0%
Sandringham (Three Kings & Hillsborough) $842 $900 7%
Mt Roskill (Owairaka & Lynfield) $800 $883 10%
Mt Eden (Kingsland & Balmoral) $999 $1,058 6%
Epsom (Newmarket & Royal Oak) $1,014 $1,053 4%
One Tree Hill / Ellerslie $890 $883 -1%
City Bays (Mission Bay to St Heliers) $1,210 $1,137 -6%
Remuera $1,122 $1,155 3%
Meadowbank (Remuera South & Glendowie) $941 $1,044 11%
Glen Innes / Panmure / Mt Wellington $770 $859 12%
Howick (Bucklands Beach & Botany) $791 $830 5%
Pakuranga $760 $795 5%
Mangere / Otahuhu / Otara $753 $765 2%
Papatoetoe $738 $745 1%
Manukau / Manurewa $728 $758 4%
Papakura $713 $747 5%
Pukekohe (Tuakau & Waiuku) $669 $697 4%

 

NOTE: The way MBIE is reporting rental data changed. The most recent month’s data was incomplete due to the time taken between a bond being lodged (23 working days to lodge a bond with Tenancy Services) and the details being recorded. Using this incomplete information could result in incorrect conclusions being made about changes in the rental market. Going forward, the report will be two months in arrears, as per the data provided by MBIE.

 

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